Business
Top brokers name 3 ASX shares to sell next week 24 January 2021
Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.
Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:
According to a note out of Citi, its analysts have retained their sell rating and $60.60 price target on this health supplements company’s shares. The broker has concerns over the company’s performance in the key China market. Particularly given its market research, which is pointing to market share gains by the is largest competitors. In addition to this, it notes that competition is intensifying in the ANZ market and the daigou channel remains challenged. The…
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